TSI Revenue Down, Net Income Up in First Quarter 2013

Town Sports International (TSI), New York, saw a drop in revenue but an increase in net income in first quarter 2013, according to financial results the company released on Thursday.

Portrait Image

Town Sports International (TSI), New York,saw a drop in revenue but an increase in net income in first quarter 2013, according to financial results the company released on Thursday.
TSI's revenue decreased $3.7 million (3 percent) from $122.9 million in first quarter 2012 to $119.1 million in first quarter 2013. Net income, however, increased 9.9 percent to $4.2 million in first quarter 2013 from $3.9 million in first quarter 2012.
The company's total member count at the ...

Club Industry Freemium Content

This content is FREE to access as a registered user on ClubIndustry.com.

Why register for Clubindustry.com? It’s simple and free and here is a sample of what you get:

The latest breaking news on club operators, manufacturers and vendors, including mergers and acquisitions and financial reports